Consider the following statements and explain why they might be true or false: (a) The directors may

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Consider the following statements and explain why they might be true or false:

(a) The directors may not appoint the first auditor, neither may they appoint an auditor to fill a vacancy caused by the death of the incumbent auditor.

(b) The remuneration of auditors is not always fixed by the company in general meeting.

(c) When auditors are dismissed during their term of office, remuneration may nevertheless be claimed.

(d) Auditors who are dismissed have the right to make such representations to shareholders as they wish.

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The Audit Process Principles Practice And Cases

ISBN: 9781473760189

7th Edition

Authors: Iain Gray, Louise Crawford, Stuart Manson

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